Solar Incentives Texas
Does texas have solar incentives?
RENEWABLE ENERGY BUYBACK PLANS
You can take advantage of this incentive in your home.
The utility company will buy back 100% of your solar energy production at the retail rate, in the form of a monthy credit on your bill.
Earn bill credits when you produce more clean energy than your home uses.
FEDERAL SOLAR INVESTMENT
TAX CREDIT (ITC)
Federal Solar Tax Credit (ITC): This federal incentive allows a tax credit of 30% of the total solar system cost, which can be a significant saving.
The Federal Solar Investment Tax Credit (ITC) is a great Incentive that gives a 30% tax credit for solar systems on residential (under Section 25D) and commercial (under Section 48) properties.
These credits can be applied to cover both residential solar systems and large-scale utility solar farms, making this an affordable option for anyone or business looking to get into green power!
The residential and commercial solar ITC has helped the Texas solar industry grow rapidly since it was implemented in 2006.
LOCAL UTILITY COMPANY SOLAR REBATES
Some utility companies in texas offer a rebate to reduce your solar systems overall cost.
Rest easy knowing that we're one of the best solar installation companies in Waco Texas. Find out if your home qualifies for solar with Redemption Solar Power.
